The Hill's On The Money
Comment: I think an opportunity is being missed on this issue. Rather than have a "payroll tax holiday", why don't the Republican try the privatization route again? If they are going to take money out of social security and return it to the people, why not keep it within the spirit of strengthening social security? This payroll tax holiday only weakens social security more and requires some sort of fix. This idea would be a fix and also get the money back to the people who earn it.
The Democrats want to "pay" for the payroll tax holiday by a surtax on millionaires. That's just more of the same old class warfare politics that doesn't solve any problems. It also creates a moral hazard in that people are getting something for nothing. By giving it back in order to keep in the spirit of providing for one's own old age, the moral hazard is not being risked.
Democrats class warfare ideas are not helpful, but to the contrary. It is morally and ethically corrupt to take from one class of people and give to another. People should take of their own responsibilities.
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